Tomorrow is a big day for the American people. It is estimated that over 200m people will go to the ballots, in what is already being considered the most controversial elections in U.S. history. The outcome will be either a Republican victory, with Donald Trump heading, or a Conservative outcome meaning Hillary Clinton will win. One of […]
Hedging
VIDEO: The Universal Principle of Risk Management: Pooling and the Hedging of Risks
Statistics and mathematics underlie the theories of finance. Probability Theory and various distribution types are important to understanding finance. Risk management, for instance, depends on tools such as variance, standard deviation, correlation, and regression analysis. Financial analysis methods such as present values and valuing streams of payments are fundamental to understanding the time value of […]
